Contract Buyout Calculator - Jordan Spence, 2025
Contract Being Bought Out
Season | Age* | Clause | Cap Hit | AAV | Perf. Bonus | Sign. Bonus | Salary | Compensation | Minors Salary | Status |
---|---|---|---|---|---|---|---|---|---|---|
2024-25 | 23 | $1,500,000 | $1,500,000 | - | $300,000 | $1,000,000 | $1,300,000 | $1,300,000 | ||
2025-26 | 24 | $1,500,000 | $1,500,000 | - | - | $1,700,000 | $1,700,000 | $1,700,000 | ||
Total | - | $300,000 | $2,700,000 | $3,000,000 | $3,000,000 |
Signed:
Team: Los Angeles Kings
GM: -
Exp. Status:
Cap %:
Buyout Impact on Los Angeles Kings (One-Third Buyout)
Season | Original Compensation | Buyout Compensation | Compensation Savings | Original Caphit | Buyout Caphit | Caphit Savings |
---|---|---|---|---|---|---|
2025-26 | $1,700,000 | $283,333 | $1,416,667 | $1,500,000 | $83,333 | $1,416,667 |
2026-27 | $0 | $283,333 | $-283,333 | $0 | $283,333 | $-283,333 |